Gulf Union Alahlia obtains SAMA approval on 2 products

17/01/2023 Argaam

Gulf Union Alahlia obtains SAMA approval on two products

Logo of Gulf Union Alahlia Cooperative Insurance Co.

Gulf Union Alahlia Cooperative Insurance Co. obtained, on Jan. 16, the approval of the Saudi Central Bank (SAMA) on two insurance products, according to a statement to Tadawul.

 

The products were developed in compliance with the unified compulsory motor policy issued by SAMA, dated July 1, 2018, and its amendments.

 

The approved products are namely, Hemaya, a compulsory private motor insurance policy; and Aman, a compulsory commercial motor insurance policy.

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